New answers tagged ira
1
vote
Accepted
Interest accrued before backdoor roth ira conversion
This:
you have to convert the whole thing to keep your backdoor roth strategy working in future years
is an over-simplification.
You don't want large amounts of money in your Traditional accounts if ...
- 1,878
4
votes
Interest accrued before backdoor roth ira conversion
Not sure I understand your confusion. If you don't want to deal with prorating the conversions, you need to convert the total balance of your traditional IRA.
Say you had $0 in traditional IRA, and ...
- 166k
Top 50 recent answers are included